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2011-03-28

AMMB A Good Share To Invest In Long Term



















AMMB is one of the good share that can invest in long term, after it hit high at RM7.20 early of this year the share had dip to RM6.20 and had a very good support at RM6.00 level. Around FEB they are 2nd times the "Wolf" try to test the market and the result is not mach seller at below RM6.00 level, a good sign that the major share is in the "Wolf" hand.

The big money had make a big profit from retail investor when the price dip from RM7.20 to RM6.20 so now they will accumulate the share before mark it above RM7.20, this share is good to invest in this price because most of the share is in big money hand so not point to dip it lower. AMMB likely to move sideways or up, limited to dip below RM6.00 in current market situation.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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